State Life · Table 19
State Life Jeevan Saathi Plan 2026
One policy for two lives: on the first death the sum assured is paid and all future premiums stop, yet the policy continues to maturity — when the survivor collects the sum assured plus bonuses again.
- Entry age
- 20–50 years
- Policy term
- Set on your illustration
- You pay
- Throughout the term
- Covered for
- The full term you choose
- Online calculator
- No — personal illustration
- Bonus basis
- State Life Endowment rates
- Official page
- statelife.com.pk ↗
How it works
The Jeevan Saathi Plan, explained plainly
Jeevan Saathi (Table-19) is State Life's joint-life endowment, usually bought by a husband and wife. Both lives are covered by one policy for a term chosen at issue, with entry from 20 to 50 on an equivalent-age basis and maturity by 70.
Its defining feature: when the first partner dies, the sum assured is paid to the survivor and every remaining premium is waived — but the policy does not end. It keeps earning bonuses until maturity or the second death, when the sum assured plus all bonuses is paid again.
Because it needs two ages, Jeevan Saathi is not quoted in State Life's online calculator; we prepare a personal illustration. Bonuses follow State Life's Endowment rates.
What the policy pays
Benefits, as State Life defines them
- On the first death: sum assured paid to the surviving partner; all future premiums waived; policy continues.
- On the second death or at maturity: sum assured plus all accrued bonuses paid again.
- Bonuses accrue for the full term at State Life's Endowment rates.
- Optional supplementary riders subject to underwriting.
- Government of Pakistan guarantee on State Life's benefits.
Paraphrased from State Life's official plan page (checked 2026-08-22). The policy document governs.
✓ Who it suits
- • Couples who both contribute to the household and want each other protected in one premium.
- • Families who want the policy to survive a death rather than pay out and stop.
✗ Who should not buy it
- • Single applicants — the plan needs two lives.
- • Couples where one partner is over 50 or the equivalent age pushes maturity past 70.
We would rather lose a sale than fit you to the wrong plan.
What it grows to
What Rs 1,000,000 of sum assured illustrates to
Illustration at State Life's officially declared 2025 bonus rates for this plan's category, on a nominal sum assured of Rs 1,000,000. Scale it to your own sum assured; the calculator request gives the premium that buys it.
15-year policy
pay 15 yrs · covered 15 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 15 yrs at declared rates
- Rs 1,155,000
- + Terminal bonus
- Rs 450,000
Est. total benefit
Rs 2,605,000
20-year policy
pay 20 yrs · covered 20 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 20 yrs at declared rates
- Rs 2,259,000
- + Terminal bonus
- Rs 900,000
Est. total benefit
Rs 4,159,000
25-year policy
pay 25 yrs · covered 25 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 25 yrs at declared rates
- Rs 3,149,000
- + Terminal bonus
- Rs 1,350,000
Est. total benefit
Rs 5,499,000
Bonuses are declared annually and are not guaranteed; illustrations use the rates at State Life's bonus page (valuation 2025-12-31). See all current bonus rates.
Your exact number
Jeevan Saathi Plan: quoted by personal illustration
State Life's public calculator quotes single lives only; a joint-life plan needs both partners' ages.
Send us your date of birth, the sum assured you have in mind and how you would like to pay — we return State Life's own illustration for this plan, usually within one business day, with no obligation.
The growth engine
How your money actually grows
Most State Life savings plans are with-profit: each year the corporation values its fund and declares bonuses for participating policyholders — State Life states it distributes 97.5% of its surplus to them. Bonuses attach to your policy and are paid with your sum assured at maturity or with a claim. In 2025, State Life allocated a record PKR 181 billion in profit bonus. Read the numbers →
🕌 Shariah-compliant option
Prefer Takaful? Ask for the Tayyab track
State Life's Tayyab Takaful window runs savings, endowment, child and Platinum Plus plans on the Wakala–Waqf model, supervised by its Shariah Advisor. Tell us Takaful matters to you and we advise on that track from the start.
The Takaful plans, explained →Compare
Plans people weigh against it
Table 07
Child Protection Plan
A joint policy on parent and child: the sum assured plus bonuses when both reach maturity, premiums waived and an income paid to the child if the parent dies, and a scaled benefit if the child dies.
Plan details →Table 01
Whole Life Plan
Cover that never expires: the sum assured plus every bonus ever declared goes to your family whenever you die — or to you at 85 — with State Life's highest declared bonus rates.
Plan details →Table 03
Endowment Plan
State Life's classic savings-plus-protection plan: pay for a fixed term, get the sum assured plus every bonus declared along the way — and your family gets the same if you don't make it to maturity.
Plan details →Jeevan Saathi Plan questions
Before you choose the Jeevan Saathi Plan
Does the policy end when one of us dies?
No. The sum assured is paid to the survivor and all future premiums are waived, but the policy stays in force and keeps earning bonuses until maturity or the second death — when it pays the sum assured plus bonuses again.
Who can take Jeevan Saathi?
Two lives — typically spouses — aged 20 to 50 on an equivalent-age basis, with the policy maturing by age 70.
Why can't I calculate the premium online?
State Life's public calculator handles single lives only. Send us both dates of birth and the sum assured and we return a personal illustration.
What bonus rates apply?
State Life's Endowment rates, which its bonus page lists as applying to the Jeevan Sathi Plan.
Can we add riders?
Yes — State Life offers supplementary covers on this plan subject to eligibility and underwriting; we list what applies on your illustration.
What is an investment or savings plan?
It is a life-insurance plan that does two jobs at once: it protects your family, and it builds up a savings amount you receive later — on maturity, at retirement, or at a milestone like a child's education. You pay regular premiums and the plan grows over time.
What does your advice cost me?
Nothing. Our consultation is free and we do not charge you a fee. We are paid a standard commission by the insurer when a plan is issued, which is why we will tell you plainly when a plan is not right for you.
Free
Consultation, always — advice costs you nothing
1 day
Maximum response time, Monday to Saturday
AAA
State Life's financial rating — Pakistan's only AAA-rated insurer
1972
State Life serving Pakistan since — state-owned and guaranteed
Why Sidq
Advisors, not salesmen
Advisors, not salesmen
We are not tied to one product. The plan we recommend is the one that fits you, and we will tell you when you do not need cover at all.
Compared across the market
We line plans up side by side — premium, exclusions, waiting periods — so you can see exactly what you are choosing between.
Plain language, no jargon
We explain what is actually covered and what is not, in words you can repeat to your family. No fine print sprung on you later.
We stay for the claim
Selling a policy is the easy part. We handle the paperwork and follow the claim through until it is settled.
Free consultation
Get your Jeevan Saathi Plan illustration
Tell us your age, sum assured and how you'd like to pay — we reply within one business day with State Life's own illustration and a plain-language walkthrough.
Prefer to just ask?
Message us about the Jeevan Saathi Plan on WhatsApp — a real advisor replies, mon–sat · 9am–7pm.
Sidq Advisorsis an independent advisory practice, not State Life's official website. Figures are illustrations per State Life's calculator and declared bonus rates; final terms per State Life's policy documents.